The Singapore Food Agency (SFA) has launched two sea space parcels for farming of fin fish and crustaceans off Pulau Bukom in the Southern Waters for sale by public tender.
This is the first time that SFA is launching a tender for sea space farming. Closed Containment Aquaculture System (CCAS) must be used for this tender. The two sea parcels are approximately 5 Ha each and each parcel allows for a maximum allowable production of 1,732.5 tons per year (90% of the parcel’s carrying capacity as recommended by environmental studies).
Tenderers may bid for one, or both parcels. Every proposal will be assessed on its production capability, track record, relevant farming experience and qualifications as well as innovation and business sustainability, which includes the implementation of best farming practices
SFA’s Senior Director, Food Infrastructure Development & Management Division highlighte that the aquaculture sector contributes significantly to Singapore’s “30 by 30” vision, which is to build the agri-food industry’s capability and capacity to sustainably produce 30% of Singapore’s nutritional needs by 2030. Given limited sea space for farming, farms will need to leverage on technology, innovation to increase productivity, and adopt sustainable practices to protect themselves against adverse environmental conditions brought about by climate change.
Bidders can bid for either one or both parcels, until the tender closes at noon on 11th April 2024.
(Source: Singapore Food Agency)
